POLY
by BSCN
March 10, 2023
Galxe, Lens Protocol, CyberConnect, Phi and KlimaDAO were the most-used social dApps on Polygon in the past month.
The Polygon Network has one of the most robust and diversified ecosystems among any blockchain, including in the growing sector of social Decentralized Applications (dApps). Users have been adopting social dApps on Polygon at a breathtaking pace, with four of the top five protocols posting triple-digit increases in Unique Active Wallets (UAWs) in the past 30 days.
According to DappRadar, nearly half-a-million users interacted with the top five social dApps on Polygon in the past 30 days. Although Web3 credential platform Galxe led the pack with 169,000 UAWs, it was the only top dApp to register a decrease in users.
Meanwhile, second-ranked dApp Lens Protocol grew its user base by more than 600% in the past month to 138,000 UAWs, and number five dApp KlimaDAO grew by more than 800% to 9,000 UAWs.
Let’s take a look at the top five social dApps on Polygon and their performance in the past 30 days:
Polygon is a “sidechain” scaling solution that runs alongside the Ethereum blockchain — allowing for speedy transactions and low fees. MATIC is the network’s native cryptocurrency, which is used for fees, staking, and more. The effectiveness of Polygon as an alternative to Ethereum has seen existing projects such as Aave and Curve adopting its chain.
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